Thursday, March 09, 2023

Money Laundering Railroad To Nowhere

A brief background: There has never been any serious public support for the absurd railroad scheme. The legitimate environmentalists have from the outset been horrified by all the destruction that would have to occur—stolen lands through lowball “Eminent Domain”, significant and widespread environmental damage, disrupted and ruined lives, and tremendous financial costs, with the official numbers never adding up.

Smells straight out of Money Laundering 101.

The latest Official Story is that the overall project is $100 billion short. No doubt that number will continue to escalate.

I Commented on the FB Post as follows:

California might well get that $100 billion. After all, Newsom is cut from the same cloth as Ukraine's puppet president.


"When Gov. Gavin Newsom unveiled his scaled down blueprint for the California bullet train four years ago, he proposed building a 171-mile starter segment in the Central Valley that would begin operating in 2030 and cost $22.8 billion.

Today, the blueprint is fraying, as costs now exceed future funding, an official estimate of future ridership has dropped by 25% and the schedule to start to carry people is slipping. It is raising fresh concerns about the future of the nation’s largest infrastructure project."

[Snip]

"What’s worse, that full system cost is set at up to $128 billion in the update, leaving a total funding gap of more than $100 billion for politicians to ponder."


New Cost Estimate for High-Speed Rail Puts California Bullet Train $100 Billion in the Red

FB Posting Of The Story.



Substack Permalink:
https://terrylclark.substack.com/p/money-laundering-railroad-to-nowhere

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